Understanding the importance of cashflow in your business

Описание: In today's video, we're going on a bit of a money adventure, specifically talking about something super important for your business: cash flow. We've already chatted about making money and understanding profits. Plus, we checked out our business's health using those balance statement things. Now, let's zoom in on understanding the importance of cash flow in your business

Think of cash flow as the secret sauce everyone in real estate wants. You've likely heard folks saying things like, "I need to open lots of doors to get that sweet cash flow and have freedom." But is cash flow really the superhero of the real estate world? Let's figure it out together as we explore understanding the importance of cash flow in your business

So, get comfy because we're about to unravel the mysteries of cash flow and see how it can make a big difference in your real estate journey. It's like adding some extra power to your money skills by understanding the importance of cash flow in your business


00:00 - 00:57 Intro
00:58 - 02:19 What is finance?
02:20 - 03:19 What I'll be covering in this video
03:20 - 05:22 Cash Flow =/ Profit
05:23 - 06:03 How do we calculate cash flow?
06:04 - 06:35 How to go through and read a cash flow statement
06:36 - 07:48 Operating activities
07:49 - 09:24 Cash Flow from operations
09:25 - 09:48 Investing activities
09:49 - 12:18 Cash Flows from investing
12:19 - 15:55 Cash Flows from financing
15:56 - 18:41 What does 'RIGHT' look like?
18:42 - 24:48 How to improve cash flow

📚| Download Free E-Book | 8 Busines Finance Killers
https://theeliteinvestorbook.com/fina...

🎬Watch my most recent videos:    / @themichaelglaspie  

🎉Subscribe Here:
   / @themichaelglaspie  


📘Check out my book:
The Elite Investor: A Military Approach to Real Estate Problem Solving
Link Here: https://amzn.to/3BxNz6h

------ SOCIAL MEDIA

📸Instagram:   / michael.s.glaspie  
👥Facebook:   / michael.s.glaspie  
🎵Tiktok: https://www.tiktok.com/@michael.s.gla...
📇LinkedIn:   / michael-glaspie  
🌐Website: http://www.michaelsglaspie.com

------ Tools for Success

Best CRM (Joinocity):
https://joinocity.com/opt-in?am_id=mi...

TubeBuddy:
https://www.tubebuddy.com/michaelsgla...

DISCLAIMER: This video is not financial advice; it is strictly intended for education and entertainment purposes only. You can assume that I will receive compensation for anything I recommend either as an affiliate or from my own products. Any income, earnings statements, or shared results are estimates of potential income only. There is no guarantee that you'll receive the same results or any results at all for that matter. Your results will depend entirely on your work ethic, experience, and commitment. As always there is a risk with any business. I am not a financial advisor and nothing in this video should be considered legal advice. You should do your own due diligence and research. Anything said in this video is strictly my own opinion, personal experience, or research.

#RealEstateSuccess101 #cashflow #cashflowisking